Acetic acid: China's acetic acid market trends on April 26

The acetic acid price index on April 26 was 2,166.43, down 12.14 from yesterday and 0.38% month-on-month.

 On April 26, the market price of glacial acetic acid in China continued to decline slightly, and downstream buying sentiment was limited. Market prices in East China fell slightly, and actual market orders were average. Prices in the North China market have not changed much. Prices in the South China market fluctuated and fell back. Today's market price was reported at 3,000 - 3,300 yuan/ton. The overall market buying atmosphere was not good. Market prices in Shandong have been lowered. At present, the overall enthusiasm for receiving goods in the downstream market is not good, and the acetic acid market price is expected to be weak in the short term.

On April 26, China's ethyl acetate market fell somewhat. Prices in the East China market were stable. Major factories in Shandong competed for sales, and the starting price was stable. The market transaction volume was limited. The industry was gradually cautious. Market prices in East China have dropped somewhat, and today's quotation is 5,900 - 5,930 yuan/ton. The pre-holiday purchasing atmosphere was flat, and operators were more cautious about the market outlook. Market prices in South China are stable, and on-site shipments are flat and sporadic downstream buying.

   Unit: yuan/ton